Kyle R.
Self Screening Tenant
I almost feel bad asking this as variations of this question has been asked many times. I'm looking for a website to help screen tenants (credit, eviction, and criminal reports). However, I'd prefer to use a site wher...
George P.
(income tax question) Active vs. Passive
My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
Kevin Waymire
Tenant Screening Ohio
Hello Everyone!What is everyone doing to screen tenants for apartment complexes? Its in Cincinnati Ohio. Anything other than criminal background checks, credit checks, eviction and court records, employment history an...
Anne Taylor
Tenant Applies Online, Offers $ Down & Takes Month To Drive-By
I placed my rental ad on the Zillow / Trulia / HotPads portal and received many generic requests to tour the unit or provide additional information. The ad clearly states that the unit is not available for interior vi...
Luke Miller
Hiring employees (on site manager's)
Hi, I'm hoping to get some feedback on our current situation.We are working on signing a management contract with an apartment owner, who would like us to be the employer of the on site managers. We feel slightly unpr...
Jimmy DelOrfano
Buying real estate without pre approval
First time home buyer here but cannot get a pre approval because of unsteady employment history as a result of pandemic and being self employed. Is it ever recommended to buy property with cash outright? For example...
Richard Chae
New LLC or DBA
Hi all, I created an entity for the sole purpose of buy and hold/ltr. I recently came across JV opportunities that would buy and flip. Is it best to create a new entity? Or can I create a DBA to separate my capital ga...
Sunny Burns
Hired Interns/laborers to work investment property, W2 or 1099M?
Is it true that you don't have to file taxes if you make less that $10,350(W2), but if you receive 1099Misc income, you have to file anything over $400?I am mostly interested in this, because I just hired some interns...
Amy Nguyen
40k cash for a 1br1ba 680ft condo
Hello,Can you all give me some advice if this is worth it? The condo is on the 1st floor and is tiled, includes fridge, washer, and dryer. Yearly:Purchase cash: 40,000 (basically my whole savings)HOA: 2700 (includes ...
Jason Pender
Qualifying hours to obtain REP status
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason